Liabilities Unconditional. The liabilities of the Obligor under this Agreement are absolute and unconditional, and will not be affected by any act, omission, matter or thing that, but for this Section, would reduce, release or prejudice any of its liabilities under this Agreement, whether or not known to it or the Lender or consented to by it or the Lender.
Appears in 3 contracts
Samples: General Security Agreement (Yappn Corp.), General Security Agreement (Yappn Corp.), Secured Promissory Note (Enerkem Inc.)
Liabilities Unconditional. The liabilities of the Obligor under this Agreement are absolute and unconditional, and will not be affected by any act, omission, matter or thing that, but for this Section, would reduce, release or prejudice any of its liabilities under this Agreement, or that might constitute a legal or equitable defence to or a discharge, limitation or reduction of the Obligor’s liabilities under this Agreement, including the following, whether or not known to it or the Lender or consented to by it or the Lender.:
Appears in 3 contracts
Samples: Guarantee and Indemnity (Yappn Corp.), Guarantee and Indemnity (Yappn Corp.), Secured Promissory Note (Enerkem Inc.)
Liabilities Unconditional. The liabilities of the Obligor under this Agreement are absolute and unconditional, and will not be affected by any act, omission, matter or thing that, but for this Section, would reduce, release or prejudice any of its liabilities under this Agreement, or that might constitute a legal or equitable defence to or a discharge, limitation or reduction of the Obligor's liabilities under this Agreement, whether or not known to it or the Lender Credit Union or consented to by it or the LenderCredit Union.
Appears in 2 contracts
Samples: Security Agreement, General Security Agreement
Liabilities Unconditional. The liabilities of the Obligor under this Agreement are absolute and unconditional, and will not be affected by any act, omission, matter or thing that, but for this Section, would reduce, release or prejudice any of its liabilities under this Agreement, or that might constitute a legal or equitable defence to or a discharge, limitation or reduction of the Obligor’s liabilities under this Agreement, including the following, whether or not known to it or the Lender Secured Parties or consented to by it or the Lender.Secured Parties:
Appears in 1 contract
Samples: Credit Agreement (PHH Corp)
Liabilities Unconditional. The liabilities of the Obligor under this Agreement are absolute and unconditional, and will not be affected by any act, omission, matter or thing that, but for this Section, would reduce, release or prejudice any of its liabilities under this Agreement, or that might constitute a legal or equitable defence to or a discharge, limitation or reduction of the Obligor's liabilities under this Agreement, whether or not known to it or the Lender Secured Parties or consented to by it or the Lender.Secured Parties. VAN01: 4294282: v2
Appears in 1 contract
Samples: General Security Agreement (Schnitzer Steel Industries Inc)